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31 result(s) for response in Finance

EU to Deduct Euro 200 Million Fine from Hungary's Funding

EU to Deduct Euro 200 Million Fine from Hungary's Funding

  • 19 Sep 2024 6:50 AM
  • finance
The European Commission will start deducting the 200 million euro fine from the funding payable to Hungary as the country has failed to pay by the deadline, the EC's spokesperson said.
Central Bank in Hungary Leaves Base Rate on Hold Again at 13%

Central Bank in Hungary Leaves Base Rate on Hold Again at 13%

The Monetary Council of the National Bank of Hungary (NBH) decided to leave the base rate on hold at 13.00%, but voted to cut the central bank’s O/N collateralised loan rate by 450 basis points to 20.50% at a monthly policy meeting.
Public Tax Blacklist In Hungary Ruled Against by ECHR

Public Tax Blacklist In Hungary Ruled Against by ECHR

The European Court of Human Rights (ECHR) has ruled that Hungary’s practice of publishing personal information about people with overdue tax debts of at least Ft 10 million for more than 180 days violates EU rules.
Close to Crisis: 'Hungary Is Fourth-Fifth Most Vulnerable Country In The World', Says National Bank Governor

Close to Crisis: 'Hungary Is Fourth-Fifth Most Vulnerable Country In The World', Says National Bank Governor

The governor of Hungary’s central bank is correct in identifying a problem with the economy, Mihály Varga, the finance minister, said on Monday, reacting to a briefing that György Matolcsy gave to a parliamentary committee.
Watch: EC Says Reforms by Hungary Not Enough to Get All Withheld EU Funds

Watch: EC Says Reforms by Hungary Not Enough to Get All Withheld EU Funds

The European Commission believes the reforms undertaken by Budapest so far to ensure EU money is not misused did not go far enough.
IMF Sees Hungary Economic Growth Among Highest In Region

IMF Sees Hungary Economic Growth Among Highest In Region

The International Monetary Fund (IMF) has bumped up its projection for Hungary’s economic growth in 2022 to 5.7%, among the highest in the region, according to the finance ministry.
Expect Brutal Inflation in Hungary by End of Year, Claims Opposition DK

Expect Brutal Inflation in Hungary by End of Year, Claims Opposition DK

An opposition Democratic Coalition (DK) official has insisted that higher household energy bills will feed into “brutal inflation” by the end of the year.
Energy Prices Will Double Budapest Transport Company’s Losses

Energy Prices Will Double Budapest Transport Company’s Losses

The BKV’s energy costs doubled in the first half of 2022 compared to the same period of last year, the Budapest public transport company said in response to HVG’s question.
Forint Strengthens After New Base Rate Hike Up to 9.75%

Forint Strengthens After New Base Rate Hike Up to 9.75%

The forint strengthened to around 410.30 to the euro shortly after the central bank raised the base rate by 200 basis points on Tuesday.
EU to Deduct Euro 200 Million Fine from Hungary's Funding

EU to Deduct Euro 200 Million Fine from Hungary's Funding

  • 19 Sep 2024 6:50 AM
  • finance
The European Commission will start deducting the 200 million euro fine from the funding payable to Hungary as the country has failed to pay by the deadline, the EC's spokesperson said.
Central Bank in Hungary Leaves Base Rate on Hold Again at 13%

Central Bank in Hungary Leaves Base Rate on Hold Again at 13%

The Monetary Council of the National Bank of Hungary (NBH) decided to leave the base rate on hold at 13.00%, but voted to cut the central bank’s O/N collateralised loan rate by 450 basis points to 20.50% at a monthly policy meeting.
Public Tax Blacklist In Hungary Ruled Against by ECHR

Public Tax Blacklist In Hungary Ruled Against by ECHR

The European Court of Human Rights (ECHR) has ruled that Hungary’s practice of publishing personal information about people with overdue tax debts of at least Ft 10 million for more than 180 days violates EU rules.
Close to Crisis: 'Hungary Is Fourth-Fifth Most Vulnerable Country In The World', Says National Bank Governor

Close to Crisis: 'Hungary Is Fourth-Fifth Most Vulnerable Country In The World', Says National Bank Governor

The governor of Hungary’s central bank is correct in identifying a problem with the economy, Mihály Varga, the finance minister, said on Monday, reacting to a briefing that György Matolcsy gave to a parliamentary committee.
Watch: EC Says Reforms by Hungary Not Enough to Get All Withheld EU Funds

Watch: EC Says Reforms by Hungary Not Enough to Get All Withheld EU Funds

The European Commission believes the reforms undertaken by Budapest so far to ensure EU money is not misused did not go far enough.
IMF Sees Hungary Economic Growth Among Highest In Region

IMF Sees Hungary Economic Growth Among Highest In Region

The International Monetary Fund (IMF) has bumped up its projection for Hungary’s economic growth in 2022 to 5.7%, among the highest in the region, according to the finance ministry.
Expect Brutal Inflation in Hungary by End of Year, Claims Opposition DK

Expect Brutal Inflation in Hungary by End of Year, Claims Opposition DK

An opposition Democratic Coalition (DK) official has insisted that higher household energy bills will feed into “brutal inflation” by the end of the year.
Energy Prices Will Double Budapest Transport Company’s Losses

Energy Prices Will Double Budapest Transport Company’s Losses

The BKV’s energy costs doubled in the first half of 2022 compared to the same period of last year, the Budapest public transport company said in response to HVG’s question.
Forint Strengthens After New Base Rate Hike Up to 9.75%

Forint Strengthens After New Base Rate Hike Up to 9.75%

The forint strengthened to around 410.30 to the euro shortly after the central bank raised the base rate by 200 basis points on Tuesday.